Cryptocurrencies

Text

What is the highest and lowest price in dForce (DF) coin history?

The price of dForce (DF) token has fluctuated significantly since its launch in 2019, reaching a high of $0.9355 in January 2023 after an initial low of $0.00979 in November 2019.

Jan 03, 2025 at 04:24 pm

Key Points

Highest Price: $0.9355 (January 28, 2023)
Lowest Price: $0.00979 (November 22, 2019)

History of dForce (DF) Coin Price

dForce (DF) is a decentralized lending platform that allows users to lend, borrow, and earn interest on their crypto assets. The DF token is the native utility token of the dForce platform. It is used to pay for transaction fees, participate in governance, and earn rewards.

The DF token was launched in November 2019 with an initial price of $0.00979. The price of DF gradually increased over the following months, reaching a high of $0.9355 on January 28, 2023. This represented an increase of over 9,400% from the initial launch price.

The price of DF has been volatile since its launch, with several periods of significant price swings. The most notable price swing occurred in March 2020, when the price of DF dropped by over 50% in a single day. This was due to the broader market sell-off caused by the COVID-19 pandemic.

The price of DF has since recovered and has been on a gradual uptrend in recent months. This is likely due to the increasing popularity of decentralized lending platforms and the growing demand for DF tokens.

Factors Influencing the Price of DF

The price of DF is influenced by a number of factors, including:

Demand and supply: The price of DF is determined by the balance of supply and demand. When demand for DF exceeds supply, the price will increase. When supply exceeds demand, the price will decrease.
Market sentiment: The price of DF is also influenced by market sentiment. When the market is bullish, investors are more likely to buy DF, which will push the price up. When the market is bearish, investors are more likely to sell DF, which will push the price down.
Competition: The price of DF is also influenced by competition from other decentralized lending platforms. If a competing platform offers lower fees or more attractive features, this could lead to a decrease in demand for DF and a drop in price.
Regulatory uncertainty: The price of DF could also be affected by regulatory uncertainty. If governments crack down on decentralized lending platforms, this could lead to a decrease in demand for DF and a drop in price.

FAQs

What is the highest price that DF has reached?
- The highest price that DF has reached is $0.9355, which it reached on January 28, 2023.
What is the lowest price that DF has reached?
- The lowest price that DF has reached is $0.00979, which it reached on November 22, 2019.
What is the current price of DF?
- The current price of DF can be found on any major cryptocurrency exchange.
What factors influence the price of DF?
- The price of DF is influenced by a number of factors, including demand and supply, market sentiment, competition, and regulatory uncertainty.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

VADER

$0.1043

75.28%

Trade Now
TOSHI

$0.0002

64.16%

Trade Now
$AKUMA

$0.0008

40.23%

Trade Now
ELIZA

$0.0887

33.51%

Trade Now
ARC

$0.3672

29.33%

Trade Now
GAME

$0.0071

25.63%

Trade Now

Latest Crypto News

Cryptocurrency Market Overview: Bitcoin Dominance Falls as Akuma Inu Emerges as Top Gainer
2025-01-15 17:10:31
Rigetti Computing (RGTI) Stock Soars 40% as Renewed Interest in Quantum Computing Offsets NVIDIA CEO's Remarks
2025-01-15 17:10:31
MicroStrategy Insiders Dump Stock Despite Bitcoin Permabull Stance
2025-01-15 17:00:32
Why is the XRP Price Pumping?
2025-01-15 17:00:32
BNB Price Action at Crossroads: Will the Token Defy Bearish Signals?
2025-01-15 17:00:32
1Fuel: The New Contender in the Cryptocurrency Market with the Potential to Return 1000%
2025-01-15 17:00:32

Related knowledge

DIMO (DIMO) Coin Exchange Purchase Detailed Operation Tutorial

Jan 08,2025 at 11:18pm

Key PointsUnderstand the basics of cryptocurrency exchangesCreate an account on a reputable cryptocurrency exchangeFund your account with fiat currency or cryptocurrencyFind the DIMO (DIMO) trading pair and place an orderManage your DIMO (DIMO) holdingsStep-by-Step Guide to Purchasing DIMO (DIMO) on a Coin Exchange1. Choose a Cryptocurrency ExchangeSele...

Tectum (TET) Coin Purchase Tutorial Detailed

Jan 09,2025 at 04:04am

Tectum (TET) Coin Purchase Tutorial DetailedKey Points:Tectum (TET) is a cryptocurrency designed to provide a secure and private payment network.It combines blockchain technology with advanced cryptography to enhance user experience and address common cryptocurrency challenges.Interested individuals can purchase TET through various exchanges, including ...

What are the factors that are positive for GamerCoin (GHX)?

Jan 07,2025 at 11:43pm

Key Points:Surging popularity in blockchain gaming: GamerCoin's focus on blockchain gaming has positioned it well to capitalize on the rapidly growing industry.Strong community support: The project boasts a loyal and passionate community that actively engages with its development and promotion.Partnerships with key players: Collaborations with industry ...

Introduction to several methods to obtain GamerCoin (GHX) coins

Jan 06,2025 at 09:52pm

Key Points:Understand the nature and application of GamerCoin (GHX)Explore various methods to obtain GHX coins: DEXs, staking, airdrops, faucets, and play-to-earn gamesGain insights into the advantages and drawbacks of each methodDevelop a comprehensive strategy to maximize GHX acquisitionExplore potential risks associated with obtaining GHX coinsMethod...

What are the regulatory risks associated with GEODNET (GEOD) Coin?

Jan 08,2025 at 09:02am

Key Points:GEODNET (GEOD) Coin is a decentralized, proof-of-stake blockchain project that incentivizes data sharing and data aggregation.The project aims to create a global network of shared data for the benefit of all participants.GEOD Coin is the native currency of the GEODNET platform, used for incentivizing data sharing and rewarding network partici...

What security measures are in place to protect Tectum (TET) coin holders?

Jan 08,2025 at 09:05am

Key Points:Multi-sig wallet protectionSmart contract security auditsKYC/AML complianceHardware wallet supportBug bounty programCommunity engagement and transparencyArticle Body:Multi-sig Wallet ProtectionTectum (TET) holders' funds are stored in a multi-signature wallet, which requires multiple authorized parties to approve transactions. This adds an ex...